Grant County, Kentucky

+22% vs. Kentucky average
$67,940
Median Household Income
$30,603
Per Capita Income

At a Glance

Median Household Income
$67,940
+22% vs. state avg
Per Capita Income
$30,603
-22% vs. national
Income-to-Housing Ratio
36.6%
income as % of home value
Rank in Kentucky
#14 / 120
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Grant County Compares

Grant County$67,940
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$67,940
Median Household Income
$30,603
Per Capita Income
$185,500
Median Home Value
36.6%
Income-to-Housing Ratio

Income Advisory: Grant County

Income Verdict

Grant County has a median household income of $67,940 and per capita income of $30,603 — a gap of $37,337, indicating a strong family-earning economy with multiple earners per household.

Housing Affordability

With median gross rent at $855/month and a median household income of $67,940, rent consumes approximately 15.1% of monthly income — well within affordable thresholds.

Economic Context

A median household income of $67,940 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $30,603 is in line with national norms for individual earners.

Neighbor Context

Grant County earns approximately 21.5% above the Kentucky state median household income of $55,909, positioning it favorably within the state.

Data Story

About Household Income in Grant County, Kentucky

Grant County earns above the national average

Grant County's median household income of $67,940 exceeds the U.S. median of $74,755 by 9.1%, placing it solidly in the upper-middle range nationally. This strong showing reflects a more affluent economic profile than most Kentucky communities.

Ranks in Kentucky's top quarter

At $67,940, Grant County's median income runs 21.5% higher than Kentucky's state average of $55,909, positioning it among the state's most prosperous counties. The county consistently outearns typical Kentucky households.

Grant leads neighboring counties

Grant County's $67,940 median household income outpaces nearby Hancock County ($66,836) and Hardin County ($67,608), making it a regional income leader. Only Hardin County comes close to matching Grant's earning power.

Housing remains affordable here

With a rent-to-income ratio of 15.1%, Grant County residents spend a reasonable share of earnings on housing—well below the 30% threshold for housing affordability. A median home value of $185,500 aligns well with the median household income, supporting sustainable homeownership.

Build on strong earning foundation

Grant County's above-average income creates opportunity for financial growth through disciplined saving and investment. Consider working with a financial advisor to maximize retirement contributions and diversify assets while housing costs remain manageable.

Frequently Asked Questions

What is the median household income in Grant County, Kentucky?
The median household income in Grant County, Kentucky is $67,940, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Grant County?
The per capita income in Grant County is $30,603, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $67,940.
How does Grant County compare to the Kentucky average?
Grant County's median household income of $67,940 is higher than the Kentucky state average of $55,909. The per capita income is $30,603, compared to the state average of $29,616.
What is the per capita income in Grant County, Kentucky?
The per capita income in Grant County, Kentucky is $30,603, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Grant County income higher than the Kentucky average?
Grant County's median household income of $67,940 is higher than the Kentucky average of $55,909. This difference of $12,031 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Grant County rank for income in Kentucky?
Grant County ranks #14 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $67,940 and per capita income of $30,603, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Grant County

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Your income is above the Grant County median

County median: $67,940 per year

vs. County Median

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vs. State Average

+22%

vs. National Median

-9%

vs. Grant County MedianAbout equal
vs. Kentucky Average22% above
vs. National Median9% below

Income Adequacy

Monthly income covers median rent6.6x

Your monthly income ($5,662) vs. median rent ($855/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.